L&T Finance

    LTF
    NBFC
    ₹237.50
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹59,527 Cr

    P/E
    17.42
    Day range
    ₹234.30 – ₹244.50
    52-week range
    ₹234.30 – ₹338.60
    Volume
    47.36 L
    Open
    ₹244.10
    Prev close
    ₹244.10

    Latest results · Q2 FY27(consolidated)Revenue ₹5,484 Cr+26.5%Profit ₹973 Cr+32.4%Margin 17.7%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    LTF in NSE indices and F&O

    F&O margin for one lot of LTF (2,250 shares)

    Research profile

    Composite 35 / 100

    Factor percentiles

    Value52
    Quality19
    Momentum32
    Low volatility39

    Derived metrics

    Earn. yield
    5.7%
    Graham no.
    ₹190.10
    vs Graham
    -20.0%
    ROE ÷ P/B
    5.5%
    12-1 mom.
    +16.0%
    Return / vol
    -0.27
    Piotroski
    4/5
    FCF yield
    -24.2%
    PEG
    0.64

    Appears in 14 scans

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 68 in NBFC
    Largest NBFC companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Bajaj FinanceBAJFINANCE₹5.78 L Cr26.674.7618.4%10.9%—4.08+22.8%
    National Stock Exchange of IndiaNSE₹4.13 L Cr39.37—33.0%41.0%78.0%0.01—
    Bajaj FinservBAJAJFINSV₹2.65 L Cr26.273.4526.2%11.0%41.0%5.52+19.1%
    Shriram FinanceSHRIRAMFIN₹2.04 L Cr14.421.8216.4%11.5%—2.12+15.8%
    Jio Financial ServicesJIOFIN₹1.35 L Cr77.961.051.2%2.0%63.0%0.32+73.2%
    BSE LtdBSE₹1.31 L Cr47.0019.9144.8%60.0%67.0%0.00+63.5%
    ICICI Prudential Asset Management CompanyICICIAMC₹1.31 L Cr37.6725.1985.8%115.0%73.0%0.00+16.3%
    L&T FinanceLTF₹59,527 Cr17.422.0311.1%8.4%—4.23+26.5%
    Sector median₹26,914 Cr20.192.7115.3%11.4%54.0%1.74+20.3%

    Sector as classified in the tracked universe; medians use every tracked NBFC company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 8d ago

    Headlines about L&T Finance from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    17.3
    Price / Book
    2.03
    ROE (FY26)
    11.1%
    Dividend yield
    1.16%

    Moving averages (NSE)

    20-day
    ₹261.97
    Price below
    50-day
    ₹292.3
    Price below
    200-day
    ₹290.12
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +11.9%
    Profit 3Y CAGR
    +24.8%
    Revenue YoY (Sep 2026)
    +26.5%
    Profit YoY (Sep 2026)
    +32.4%
    Net margin
    17.7%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    0 Cr2K Cr4K Cr6K Cr
    • Revenue
    • Net profit

    Operating margin

    Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • DII
    • Public
    • FII

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-20K Cr-10K Cr0 Cr10K Cr20K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%5%10%15%20%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr50K Cr1L Cr1.5L Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 20260x5x10x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date.

    FY18FY19FY20FY21FY22FY23FY24FY25FY26FY27₹0₹1₹2₹3

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
    Revenue3,5343,6703,7844,0194,0984,0234,2604,3364,5784,7715,2135,484
    Interest1,3531,3351,3511,4761,5691,6001,6361,6341,7031,7471,9701,970
    Expenses1,3751,6191,4821,5751,6761,5811,6401,6621,8001,8901,9742,123
    Financing Profit8067169509688538429841,0401,0751,1341,2691,391
    Financing Margin %23%20%25%24%21%21%23%24%23%24%24%25%
    Other Income476058400-250300
    Depreciation292828333641415158606372
    Profit before tax8246949229408248069439899921,0741,2361,319
    Tax %22%20%26%26%24%21%26%26%26%25%26%26%
    Net Profit639553685697626636701735738809916973
    EPS in Rs₹2.57₹2.23₹2.75₹2.79₹2.51₹2.55₹2.81₹2.94₹2.95₹3.22₹3.60₹3.89

    From company filings, updated 24 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Strengths, risks & growth

    L&T Finance Ltd. is a NBFC, offering a range of financial products and services. [1] Company has filed requisite application for necessary registration as Systemically Important Non- Deposit Accepting Core Investment Company (NBFC-CIC) [2]

    Strengths

    • Company has delivered good profit growth of 32.4% CAGR over last 5 years
    • Company has been maintaining a healthy dividend payout of 25.3%

    Risks

    • Company has low interest coverage ratio.
    • The company has delivered a poor sales growth of 6.05% over past five years.
    • Company has a low return on equity of 10.8% over last 3 years.
    • Company might be capitalizing the interest cost

    Compounded Sales Growth

    10 Years
    +9%
    5 Years
    +6%
    3 Years
    +12%
    TTM
    +20%

    Compounded Profit Growth

    10 Years
    +13%
    5 Years
    +32%
    3 Years
    +256%
    TTM
    +28%

    Stock Price CAGR

    10 Years
    +9%
    5 Years
    +24%
    3 Years
    +22%
    1 Year
    -11%

    Return on Equity

    10 Years
    +9%
    5 Years
    +8%
    3 Years
    +11%
    Last Year
    +11%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter66.03%65.99%65.96%65.93%-0.03 pp
    FII6.66%7.64%7.71%7.38%-0.33 pp
    DII15.33%14.91%14.90%15.80%+0.90 pp
    Public11.99%11.48%11.45%10.90%-0.55 pp

    Filed with NSE for Sept 2026: promoters 65.93%, public 34.07% · XBRL filing

    Analysts & fund holdings

    85%
    85% recommend buy
    20 analysts cover the stock
    Valuation vs Consumer Finance
    P/E17.4 vs 16.4
    Sector P/B2.12
    Beta1.95

    Who holds the shares, quarter by quarter

    Mutual funds 12.65% (+1.09 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters65.9%
    • Foreign institutions7.4%
    • Mutual funds12.7%
    • Insurance2.9%
    • Other domestic institutions0.3%
    • Retail7.3%
    • Others3.6%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Kotak Mid Cap Fund2.84%2.71%-0.07 pp
    Motilal Oswal Midcap Fund1.33%2.11%-0.66 pp
    Invesco India Midcap Fund0.97%3.91%+0.11 pp
    Mirae Asset Large & Midcap Fund0.64%0.94%+0.16 pp
    Mirae Asset Midcap Fund0.58%1.89%-0.04 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Low
    Profitability
    Avg
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    35.5%
    Downside volatility
    34.1%
    Worst 5% of days
    3.6%
    Average of that tail
    5.1%
    Max drawdown (1Y)
    29.2%
    Below its peak
    29.2%

    Against the market

    Beta vs Nifty 50
    1.64
    Correlation
    0.62
    Relative strength (3M)
    -16.8%
    ATR (14)
    3.7%

    Return

    Return 1M
    -22.1%
    Return 3M
    -22.1%
    Return 6M
    -19.2%
    Return 1Y
    -9.7%
    vs 200-day average
    -18.1%

    Momentum

    RSI (14) · oversold
    24.3
    MACD histogram
    -1.16
    Stochastic %K
    9.6
    ADX (14)
    43.2
    +DI / −DI
    7.6 / 38.7
    Money flow index
    20.6

    Participation

    Delivery (20d avg)
    42.4%
    vs its 60-day baseline
    -2.5 pts
    Volume vs 20-day
    -0.4σ
    Close vs day's VWAP
    +0.1%
    52-week position
    4 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    4 of 5 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — passed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — failed
    • Current ratio improving — not testableno current assets or liabilities figure
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — passed
    • Asset turnover improving — passed
    Free cash flow
    -₹14,429 Cr
    FCF yield
    -24.2%
    Cash conversion
    -4.76
    Accruals ratio
    0.121
    Net debt
    ₹1.04 L Cr
    Net debt / equity
    3.73
    EV / sales
    8.17
    PEG
    0.64
    Capex intensity
    1.3%
    Revenue CAGR
    18.6%
    Profit CAGR
    27.3%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Corporate actions

    • dividend
      ₹2.75

      Dividend - Rs 2.75 Per Share

      22 May 2026
      ex-date
    • dividend
      ₹2.75

      Dividend - Rs 2.75 Per Share

      27 May 2025
      ex-date
    • dividend
      ₹2.50

      Dividend - Rs 2.50 Per Share

      18 Jun 2024
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      21 Jul 2023
      ex-date
    • dividend
      ₹0.50

      Dividend - Rs 0.50 Per Share

      1 Jul 2022
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      19 Jul 2021
      ex-date
    • rights
      Not available — not reported in this filing

      Rights 17:74@ Premium Rs 55 Per Share

      21 Jan 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      20 Jul 2020
      ex-date
    • dividend
      ₹0.90

      Interim Dividend - Rs 0.90 Per Share

      26 Mar 2020
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend - Re 1 Per Share

      19 Jul 2019
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend- Re 1 Per Share

      20 Aug 2018
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend - Re 0.80 Per Share

      18 Aug 2017
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/ Dividend - Re 0.80/- Per Share

      12 Aug 2016
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/ Dividend - Re 0.80/- Per Share

      1 Sept 2015
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting / Dividend - Re 0.75/- Per Share

      18 Jul 2014
      ex-date
    • dividend
      ₹0.75

      Annual Generalmeeting / Dividend Rs.0.75 Per Equity Share

      26 Jul 2013
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      3 Aug 2012
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment

    Please find enclosed intimation regarding allotment of Non-Convertible Debentures on a private placement basis.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find enclosed intimation regarding Analyst meet.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Please find enclosed the intimation regarding the audio recording of investor/analyst(s) meet for Q2FY2026-27 Financial Performance and Strategy update.

    Company Update
    Announcement under Regulation 30 (LODR)-Investor Presentation

    Please find attached the investor presentation for Q2FY2026-27

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    Please find attached the press release for Q2FY2026-27

    Result
    Financial Results For October 2026

    Please find attached the outcome of the Board Meeting held on October 15, 2026

    Board Meeting
    Board Meeting Outcome for Outcome Of Board Meeting

    Please find attached the outcome of the Board Meeting held on October 15, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment

    Please find enclosed the intimation regarding allotment of Non-Convertible Debentures on a Private placement basis

    AGM/EGM
    Postal Ballot - Outcome

    Please find enclosed intimation regarding the captioned subject.

    AGM/EGM
    Shareholder Meeting / Postal Ballot-Scrutinizer"s Report

    Please find enclosed intimation of Scrutnizer's Report and Voting results for postal ballot.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find enclosed intimation for investor meet for Q2FY2026-27 financial performance and strategy update

    Company Update
    Company''s Business Update

    Please find enclosed intimation regarding Company's Businsess Update for Q2FY2026-27.

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    Please find enclosed intimation regarding allotment of ESOPs.

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Approval Of Unaudited Financial Results For Quarter Ended September 30, 2026

    L&T Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/10/2026 ,inter alia, to consider and approve Unaudited financial results for ....

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment

    Please find enclosed intimation regarding allotment of Non-Convertible Debentures on a private placement basis

    Filed with BSE (scrip 533519); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 16 Oct 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    L&T Finance: common questions

    Answered from the figures on this page.

    L&T Finance last traded at ₹237.50 (NSE, as of 25 Oct 2026). The last session moved it down 2.70%.

    L&T Finance is valued at about ₹59,527 crore (NSE, as of 25 Oct 2026).

    L&T Finance trades at a price-to-earnings ratio of 17.42 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    L&T Finance has traded between ₹234.30 and ₹338.60 over the past 52 weeks, to 25 Oct 2026. It is currently 3% of the way up that range.

    L&T Finance (LTF) is classified under NBFC on this site's screener.